Anticipatory freight selection in intermodal long-haul round-trips

Arturo E. Pérez Rivera and Martijn R.K. Mes

Transportation Research Part E: Logistics and Transportation Review, 2017, vol. 105, issue C, 176-194

Abstract: We consider the planning problem faced by Logistic Service Providers (LSPs) transporting freights periodically, using long-haul round-trips. In each round-trip, freights are delivered and picked up at different locations within one region. Freights have time-windows and become known gradually over time. Using probabilistic knowledge about future freights, the LSP’s objective is to minimize costs over a multi-period horizon. We propose a look-ahead planning method using Approximate Dynamic Programming. Experiments show that our approach reduces costs up to 25.5% compared to a single-period optimization approach. We provide managerial insights for several intermodal long-haul round-trips settings and provide directions for further research.

Keywords: Intermodal transport; Synchromodal planning; Long-haul consolidation; Anticipatory shipping; Approximate dynamic programming (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (11)

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DOI: 10.1016/j.tre.2016.09.002

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